Volvo Ends Talks
To Acquire Scania

STOCKHOLM -- AB Volvo said it abandoned talks aimed at taking over fellow Swedish truck maker Scania AB after it became apparent that the two sides disagreed on price.

But Volvo said it will hold on to its 13% stake in Scania, which it acquired last month, and is hopeful that the two companies will be able to cooperate on specific projects. Volvo Chief Executive Officer Leif Johansson left open the possibility that the two sides would...